Introduction
The Rolex GMT-Master II 116719 is a highly sought-after luxury timepiece known for its exceptional craftsmanship, precision, and timeless design. In Singapore, where luxury watches are a status symbol and a popular investment choice, the price of the Rolex GMT Master 2 can vary significantly based on various factors. In this article, we will delve into the retail and market prices of the Rolex GMT-Master II 116719 in Singapore, explore the model specifications, and examine historical trends that have influenced its pricing over the years.
Retail and Market Price
The retail price of the Rolex GMT-Master II 116719 in Singapore can range from SGD 40,000 to SGD 50,000, depending on the specific model year, condition, and availability. However, due to its high demand and limited production, the market price of this particular Rolex model often exceeds its retail price, especially for rare or discontinued versions.
Model Specifications
The Rolex GMT-Master II 116719 is a prestigious timepiece that boasts a 40mm Oystersteel case with a black and blue Cerachrom bezel insert. It features a striking blue dial with luminescent hour markers and hands, as well as a date display at the 3 o'clock position. The watch is powered by the caliber 3186 self-winding mechanical movement, providing exceptional accuracy and reliability. Additionally, the GMT-Master II 116719 is equipped with a Triplock winding crown and a solid-link Oyster bracelet for optimal comfort and durability.
Historical Trends
Over the years, the Rolex GMT-Master II 116719 has experienced fluctuations in pricing due to various factors, including market demand, availability of specific models, and economic conditions. The watch has garnered a strong following among collectors and enthusiasts, leading to an increase in its market value over time. Certain limited editions or special variants of the GMT-Master II 116719 have become highly coveted and can command premium prices in the secondary market.
When Buying or Selling
When buying or selling a Rolex GMT-Master II 116719 in Singapore, it is essential to consider several factors to ensure a fair transaction. Conduct thorough research on the current market prices for the specific model and condition of the watch. Verify the authenticity of the timepiece by consulting with reputable dealers or obtaining a certificate of authenticity from Rolex. Additionally, consider the watch's service history, warranty status, and overall condition before making a purchase or sale.
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